Home NFTs LooksRare Integrates with Chainlink for NFT Raffle

LooksRare Integrates with Chainlink for NFT Raffle

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As rare appearance Continuing to carve out its own specific niche amid the ongoing NFT market wars, the platform has come up with a new approach to engaging with its customers. For this purpose it has been integrated with: wire meshof random number generators were believed to have been used to kick off a series of high-value NFT raffles.

Through a new initiative, LooksRare will launch a series of sweepstakes where users can win incredible NFTs and $LOOKS prizes. First, collectors will be vying for ownership of the hugely popular CryptoPunk #7941. More details will be announced via his Twitter feed on LooksRare in the next few days.

LooksRare uses Chainlink’s “Verifiable Random Function (VRF)” to validate the draw and its results. Leverage blockchain effectively to prevent tampering, ensure transparency, and maintain data integrity. It does this by using block data to prove beyond any doubt that the draw is fair and impartial.

LooksRare remains in Airdrop Season 1

LooksRare has also moved away from the Blur Marketplace Engagement School and launched an airdrop initiative where prolific traders will receive a share of governance tokens. As a result, the platform will try to distribute her $5,000,000 in $LOOKS tokens to loyal users.

During June, traders will earn ‘gems’ as a result of their activity within the platform, the amount of which will be determined by the importance of the NFT’s escapism. At the end of the month, the marketplace will exchange those “gems” for a share of the token pool.

So, as Blur, OpenSea and others try their best to corner market share, LooksRare aims to join the battle every step of the way.

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